retrenchment
2
8.1
- noun
- /rɪˈtrɛnʧmənt/
- Formal
:
reducción de gastos
- During times of economic uncertainty, governments often resort to retrenchment to manage public spending effectively.
- retrenchment policy
- period of retrenchment
- financial retrenchment
So is the United States, are we a country right now that's in retrenchment or are we a country that's in retreat?
- So is the United States, are we a country right now that's in retrenchment or are we a country that's in retreat?
Examples
-
These include the continuing retrenchment in China, the trend begun in the pre Beijing Olympics.
-
To correct it will require a severe retrenchment of domestic consumption.
Academic text (2012) -
In the face of this, what can you do if faced with retrenchment from your job?
Blog text (7) -
Governments were in retrenchment, trying, struggling to do more with less.
-
A productive alternative to simple retrenchment would be a large public works program, which the economy could use.
Academic text (1991) -
Radical retrenchment of social policy in the U.S. seems unlikely, though certainly not impossible.
Academic text (2004) -
Remember that the Jim Crow order began with retrenchment and a radical reduction of government services.
Academic text (2017) -
The state no longer vetoes private sector retrenchment; tens of thousands are being laid off.
Academic text (1991) -
Alternatively, current national economic conditions have resulted in hiring freezes as well as retrenchment in colleges and universities.
Academic text (1994) -
The employment situation also has deteriorated due to the retrenchment, privatization, and closure of SOEs.
Academic text (1997)
Synonyms
97
7.4
Government policy of cutting public spending and services to reduce debt
79
3.3
A decision by a government or organization to use less money
52
3.7
A smaller amount of money or resources that an organization uses to lower costs
23
4.5
Cutting jobs and costs in a company to save money
15
7.0
A government action that cuts public spending or raises taxes to reduce debt
14
3.0
Steps a company takes to spend less money
3
7.5
A cut that reduces something or stops it earlier than planned
Antonyms
How Large
- Literature
97
7.4
- Formal
2
8.1
- Jargon
23
4.5
52
3.7
∞
2.3
Surface Forms
Morphology
Etymology
Retrenchment comes from re- meaning 'back' and trench meaning 'to cut', so it means 'cutting back'. That's why retrenchment is used for reducing spending or costs to save money.